Based on its recent analysis of the sensors and analytical instruments market, Frost & Sullivan recognises Precisive and awards it the 2012 Global Frost & Sullivan New Product Innovation Award.
The award is for developing an all-optical hydrocarbon composition analyser in the form of a unique tunable filter spectrometer (TFS) design for on-line, real-time gas analysis.
End users in the sensors and analytical instruments market were awaiting the arrival of a monitoring platform that not only effectively addresses the issues surrounding real-time unattended hydrocarbon composition monitoring, but also supersedes the performance metrics offered by traditional techniques and technologies, such as gas chromatography (GC), residual oxygen calorimeters, and non-dispersive infrared (NDIR)-based instruments.
“Enter Precisive with its all-optics-based sensor platform and allied products, such as the OXS 3100A natural gas composition analyser and VOC trace impurity detection analysers, that are the mark of true innovation and encompass the ability to replace incumbent technologies, and methodologies,” observed Frost & Sullivan Industry Principal, Dr Rajender Thusu.
“Precisive’s products offer tangible and measurable value to end users in terms of benefits related to time-saving, personnel requirements, process control, and efficiency of operations from applications as diverse as natural gas drilling rigs upstream to power-generation applications downstream.”
The advanced features and capabilities offered by Precisive’s TFS-incorporating sensor platform include permanent factory calibration, no requirement for carrier nor calibrations gases, insignificant installation and sample-conditioning relative to traditional methods, non-requirement of consumables, and remote unattended deployment capability. All of this yields a high return on investment (ROI) for customers due to the comparatively lower cost of ownership.
“Attributes such as Precisive sensors’ ability to be used for real-time, remote-deployable monitoring with low or no infrastructure requirements enable measurements that were previously not feasible, such as fuel or feedback control of on-site gas turbines, fuel cells, internal combustion engines and other gas-based power generators,” noted Dr Rajender Thusu.
“The sensor’s failsafe nature and ability to perform on-line analysis, in such a compact form-factor, emerge as beneficial features that deliver high value to clients across application areas.”
Further, Precisive’s sensors possess the ability to be seamlessly integrated with existing sensor packages, thus enabling the analysis of other gases that they do not cater to directly, in combination with the preexisting sensors/setups. As such, the penetration potential of Precisive’s all-optics-based sensor platform is very high. Moreover, at this juncture, the market is in the midst of a replacement cycle, which is typically every five to 10 years, and this provides great opportunity for Precisive’s offering to be an alternative to GC-based deployments.
In light of these factors, Precisive emerges as the worthy recipient of the 2012 Frost & Sullivan New Product Innovation Award in the global sensors and analytical instruments market. Each year, Frost & Sullivan presents this award to the company that has developed an innovative element in a product by leveraging leading-edge technologies. The award recognises the value-added features/benefits of the product and the increased ROI it offers customers, which increases customer acquisition and overall market penetration potential.